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Tuesday, December 2, 2014

CBS, Beasley Deal Expected to Close Today


The deal between CBS Radio and Beasley Broadcasting announced in early October is expected to close today. Beasley has already announced who will run the Tampa market when the FCC sign-off  makes this deal official (See Kent Dunn story below). Beasley is trading fives major market stations, two in Philadelphia and three in Miami for 14 CBS stations. Beasley will be picking up six in Tampa, just up the road from the company's home base in Naples, seven in Charlotte, and Sports Radio WIP-AM in Philadelphia.

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